After opening the 1st in Switzerland, El Salvador seeks to open 2nd ₿itcoin Embassy in Texas 🤑🤝🤑
According to a tweet from El Salvador’s Ambassador to the United States, Milena Mayorga, a meeting took place between her, other representatives of El Salvador and the Deputy Secretary of the Government of Texas, Joe Esparza.
“We discussed the opening of the second ₿itcoin embassy and the expansion of commercial and economic exchange projects,” Mayorga said, also noting that “In 2022, El Salvador and the State of Texas had a commercial exchange of $1,244,636,983.”
Much of the Texas government has been publicly pro-₿itcoin as of late, and this is one step further in its involvement in the industry. El Salvador became the first sovereign country in the world to make ₿itcoin legal tender, making history while simultaneously challenging the fiat status quo.
Since then, the country has made moves to create the first ₿itcoin-backed sovereign debt bonds as well as hosting a successful conference, and is home to many projects entirely powered by ₿itcoin. Just as the establishment of its Switzerland embassy was a step forward for El Salvador, this meeting between the country’s Ambassador and representatives of the Government of Texas is another milestone in its adoption of ₿itcoin.
READ MORE: https://bitcoinmagazine.com/el-salvador-bitcoin-news/el-salvador-to-open-bitcoin-embassy-in-texas
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